ARL 1.23% 40.0¢ ardea resources limited

Pertinent market/industry news/articles, page-5579

  1. 2,494 Posts.
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    Share price is not reflective of what the company is doing. Does it seem rational this is worth less than before the following happened:

    - Signed a deal with 2 of the largest Japanese companies in the world to effectively raise at a premium of near double the SP for 100m
    - Brought on board the world's best technical expertise to progress the project
    - Created financial pathways to actually meeting the capex
    - Competitors have gone bust due to their high opex while our numbers place us as the only australian project that can actually compete with indo both on AISC and scale

    If the market wants to be short term thinkers, let them be. We're in no need of cash for work to chug along for years and I sure as hell won't be trading this and be out knowing it only takes 1 person with deep pockets to completely wipe out the buy side.


 
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40.0¢
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Mkt cap ! $79.87M
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40.0¢ 40.0¢ 39.5¢ $63.64K 159.1K

Buyers (Bids)

No. Vol. Price($)
5 21982 39.5¢
 

Sellers (Offers)

Price($) Vol. No.
41.0¢ 4175 1
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